Quarterly report pursuant to Section 13 or 15(d)

Basis Of Presentation And Significant Accounting Policies Reorganization into Ring Energy Inc (Details)

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Basis Of Presentation And Significant Accounting Policies Reorganization into Ring Energy Inc (Details) (USD $)
Jun. 28, 2012
Number of shares exchanged by Stanford Shareholders of Stanford common stock 1,376
Number of shares exchanged by Stanford Shareholders of Ring common stock 3,440,000
Number of outstanding options to purchase Stanford common stock 450
Number of common stock shares of Ring, right to purchase 1,125,000
Common stock price per share $ 2.00
Common stock outstanding of Ring prior to the closing 6,110,408
Common stock outstanding by the Stanford of Ring prior to the closing 793,317